5217 stories by Todd Shriber
Churchill Downs to Spend Up to $300M on Victory Run Project
Enhancement will take place at the company’s famed Kentucky racetrack Victory Run will be located between the First Turn Club and the Skye Terrace Churchill Downs (NASDAQ: CHDN) unveiled a new project at its namesake racecourse aimed at bringing more high-end customers...
Robinhood Adding Over 100 Prediction Markets, Including Politics, Sports
Brokerage firm says it plans to add 100+ event contracts in coming weeks, months It’s already added 35 election contracts in recent days Robinhood partners with Kalshi on prediction markets Robinhood Markets (NASDAQ: HOOD) is expanding its already significant prediction markets, pledging...
Polymarket Valuation Could Soar to $15 Billion in Next Funding Round
News emerges about two weeks after company was valued at up to $10 billion Rival Kalshi said to be considering investment offers at up to $12 billion valuation Polymarket was valued at just $1 billion in June Kalshi and Polymarket recently raised...
Sands Surges After Q3 Earnings Beat Supports Dividend, Buyback Boosts
Las Vegas Sands delivers estimate-beating Q3 results Casino operator increases quarterly dividend to 30 cents a share from 25 cents It’s lifting its buyback program to $2 billion Shares of Las Vegas Sands (NYSE: LVS) soared in Wednesday’s after-hours session after the...
MGM Stock 2026 Setup ‘Overly Attractive,’ Says Analyst
Stock battered this year on Las Vegas, leverage concerns Analyst praises MGM for New York decision, Ohio casino sale MGM stock risk/reward favors the upside, he says Down 5.21% year to date while the S&P 500 is higher by 14.5%, MGM Resorts...
DraftKings Declares Prediction Markets Entry, Finally Buys Railbird
DraftKings is buying Railbird Exchange Company announces upcoming launch DraftKings Predictions Doesn’t mention sports event contracts Ending several months of speculation, DraftKings (NASDAQ: DKNG) announced today it’s buying Railbird Technologies, the parent company of prediction markets firm Railbird Exchange. The sportsbook operator...
Strip Casino Operators Poised for 2026 Resurgence
Q3 earnings unlikely to be markedly better than Q2 Q4 trending better ahead of what’s likely to be a vibrant 2026 Analyst says 2026 convention bookings could propel a Strip casino stock rebound With just over two months remaining in the year,...
ESPN Bet Termination ‘Increasingly Likely,’ Says Analyst
Penn Entertainment isn't making enough strides in online sports betting Recent ESPN Bet user acquisition may be trending below expectations Penn, ESPN can mutually opt out of their deal in August 2026 Football season is prime time for sportsbook operators to build...
Better Collective Faces Quartet of Long-Term Headwinds, Says Bear Cave
Betting, sports media entity could be pinched by AI Some readers of Better Collective sites decry declining quality of content Company generates revenue through affiliate relationships, advertising Shares of Better Collective, which trades in Stockholm under the ticker “BETCO,” could be pinched...
Rush Street Interactive Stock Rallies as Colombia Concerns Abate
The stock slumped last Friday on fears regarding a Colombian tax plan It rebounded somewhat Monday as confusion waned Rush Street Interactive (NYSE: RSI) is one of Monday’s gaming stock standouts amid a relief rally following a significant pullback last Friday. In...
